Future of Indian pharmaceutical industry

Future of Indian pharmaceutical industry

Sales of pharmaceutical companies in India improved in 2014, and the growth is expected to continue in 2015 as well. Shares of pharmaceutical industries performed well in 2015. The investors who invested in pharmaceutical sector are expecting the same growth as per the last year. Any major healthcare investment plans from the government could also improve the outlook for the domestic pharmaceutical market. The MNCs companies are facing some problem because, USA FDA has made the rules very strict. But this will not affect the status of Indian MNCs in USA market. They will always do well.

Indian pharmaceutical companies are adopting new methods of drugs manufacturing practices. They are also improving their packaging style. New research & development plants are set-up every year. If developed countries like USA, UK, Canada planned to invest in healthcare sector, then it is good news for Indian companies who export their products to these countries.

In short, the future of Indian pharmaceutical industry is hopefully great.